Wells Fargo Believes Booz Allen (BAH) Won’t Stop Here


In a report issued on June 5, Edward Caso from Wells Fargo maintained a Buy rating on Booz Allen (BAH). The company’s shares closed yesterday at $65.56, close to its 52-week high of $65.82.

According to TipRanks.com, Caso is a 3-star analyst with an average return of 4.5% and a 71.1% success rate. Caso covers the Technology sector, focusing on stocks such as DXC Technology Company, Science Applications, and Caci International.

Currently, the analyst consensus on Booz Allen is a Strong Buy with an average price target of $68.14, implying a 3.9% upside from current levels. In a report issued on May 28, Stifel Nicolaus also maintained a Buy rating on the stock with a $65 price target.

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The company has a one-year high of $65.82 and a one-year low of $42.91. Currently, Booz Allen has an average volume of 999.5K.

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Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.

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